$GUN/USD Bullish Setup
Timeframe: 1D
Trend: BULLISH
Pattern: Falling Wedge Breakout, Accumulation Phase
Key Levels:
Res: 0.027 | 0.032
Sup: 0.021 | 0.016
Analysis:
GUN/USDT just went parabolic, smashing through a major descending trendline on the daily. Volume is absolutely sending it, but RSI is screaming overbought at 82.78. This could be the start of a serious reversal, but watch for a retest. Don't get rekt chasing green candles.
Watch:
Bull: If GUN holds the 0.021 retest, we're looking at a moon mission to 0.027 and then 0.032. Send it to the heavens!
Bear: If we lose 0.021, this pump could be a liquidity grab. Expect a nuke back to 0.016 if that support fails. Stay safe out there.
NFA. DYOR.
#GUN #Crypto #Trading
